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Bullish Token Unlocks Buck Bear Market Trend in Spur to Altcoin Season
24.1.2023
The overcrowded short trade in the lead up to token unlocks is beginning to backfire, with several altcoins showing signs of strength into what is perceived to be a bearish event
Biggest Movers: AVAX Hits Multi-Month Peak, as MATIC Jumps to 1-Week High
24.1.2023
Avalanche moved to a multi-month high on Jan. 24, after reports that the number of bitcoin on its network rose to 5,493. The news saw the token surge by nearly 5% today, rising for a third straight session in the process. Polygon also moved higher on Tuesday, hitting a one-week high. Avalanche...
Binance holds token collateral and user funds on same wallet by ‘mistake’
24.1.2023
Binance previously said the firm’s corporate holdings are recorded in separate accounts and should not form part of the proof-of-reserves calculations
Binance Mistakenly Mixed Crypto Exchange's Client Funds With B-Token Collateral: Bloomberg
24.1.2023
The world's largest crypto exchange by volume said it is in the process of transferring the collateral out of the shared wallet
Biggest Movers: XRP Jumps to 3-Month High as Crypto Markets Consolidate on Monday
23.1.2023
Xrp moved to a multi-month high on Jan. 23, as market optimism grew regarding a lawsuit between Ripple and the United States Securities and Exchange Commission (SEC). Following comments last week from Ripple CEO Brad Garlinghouse, many have bought the token in anticipation of the lawsuit ending...
First Mover Americas: AXS Gains 40% Ahead of Token Unlock
23.1.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 23, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Token dump following Binance listing raises insider trading suspicions
23.1.2023
Coinbase director Conor Grogan speculated it could be either a rogue employee or a trader who might have access to the losing API
Crypto Gaming Token AXS Surges 40% Ahead of $64 Million Token Unlock
23.1.2023
Some 4.8 million AXS tokens, the equivalent of 1.8% of the cryptocurrency's total supply, will be freed up later Monday
Bank of Spain Greenlights Euro-Backed Stablecoin Token Pilot Program
23.1.2023
The Bank of Spain has given approval for the launch of a pilot program involving the issuance and usage of euro-pegged stablecoins. The program, which MONEI, a fintech institution, is launching, will allow users to issue digital euros with fiat deposits in order to experiment with these in payment...
Aptos Token Prices Double in Two Weeks Amid Strong NFT Interest
23.1.2023
NFT markets on Aptos are seeing growth among Crypto Twitter community users
Aussie execs refute 'argument' to treat crypto as financial products
23.1.2023
The Australian Minister for Financial Services said there was a "good argument" to treat crypto as financial products in an interview on Jan. 22
Axie Infinity’s Monthly Player Count Drops to Low Not Seen Since November 2020
23.1.2023
After recording $4.26 billion in total non-fungible token (NFT) sales, the play-to-earn game Axie Infinity’s monthly player count has dropped to levels not seen since November 2020, a period of 26 months. Despite the low player count, the project’s native token, AXS, has climbed...
NFT Market Sales Climb 16% Higher; 43.48% Increase in Buyers in Third Week of 2023
22.1.2023
Closing out the third week of January 2023, non-fungible token (NFT) assets saw a 16.39% increase in overall sales. 320,580 buyers participated in the NFT market action this past week, an increase of 43.48% compared to the week prior. $256.69 million in NFT sales were recorded over the last seven...
Biggest Movers: SOL up 20%, ADA Hits Highest Point Since November
21.1.2023
Solana rose by as much as 20% Saturday, as crypto markets came alive to start the weekend. The token hit a 12-week high in today’s session, breaking out of a key price ceiling in the process. Cardano also rose to its strongest point since November, with the global cryptocurrency market...
Wrapped Bitcoin Project Sees 18% Redemption of Circulating Supply in 54 Days
20.1.2023
Statistics show over the course of 54 days, the number of wrapped bitcoin (WBTC) hosted on the Ethereum network has decreased by 40,156. This equates to a more than 18% redemption of the circulating supply of WBTC since Nov. 27, 2022. WBTC Remains Largest Operation in Terms of Bitcoin Custody...
Biggest Movers: SOL Rebounds From Recent Losses, ATOM 5% Higher on Friday
20.1.2023
Cosmos raced higher for a second straight session, after recently snapping a four-day losing streak. Friday’s move saw the token move closer to a key resistance level of $12.50. Solana also moved higher earlier in the day, as price bounced from a key support point. Cosmos (ATOM) Cosmos...
Crypto Analysts Warn Against Shorting DYDX Ahead of $200M Token Unlock
20.1.2023
The unlock, which takes place on Feb. 2, will release 150 million coins worth $202 million and 15% of the total supply
OKX Publishes 3rd Proof of Reserves Report, Shows it Holds None of its Native Token as Collateral
20.1.2023
Crypto-exchange OKX has released its third monthly proof-of-reserves (PoR) report, confirming that all its reserves are held in bitcoin, ethereum and USDT. This also means that none are held in its native token OKB, with OKX claiming that it has the largest ‘clean’ asset reserves of any major...
Solana Blockchain SOL Token Doubles From FTX-Crash-Induced Lows, but Will It Continue to Rebound?
20.1.2023
SOL’s price has surged 114% so far this year, slowly recovering from losses from early November. Crypto traders and analysts are navigating the prospects for the Solana community
NFT Marketplace Blur Delays Native Token Launch
19.1.2023
The platform, which targets pro NFT traders, said it would launch its BLUR governance token on February 14 after months of incentivized airdrops